$1,600,000 $8,589 est/mo Sourced by Back At You
2711 I Street,Sacramento, CA 95816
Sacramento, CA 95816
Description
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Details
| MLS# | NDP2408879 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 202 |
| Listing Provided By | Century 21 Masters 800-463-0977 | Denise Cook |
Features
| SQ Feet | 3,852 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Zoning | R-3A-SPD |
| Acreage | 0.15 |
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Learn More About This Property
| State | CA |
|---|---|
| County | Sacramento |
| City | Sacramento |
| Zip Code | 95816 |
| Area | SCTO Sacramento |
| Listing VS Median (in 95816) | |
Price: $1,600,000 low | high Med: $1,079,500 SqFt: 3,852 low | high Med: 2,806 $ / SqFt: $415 low | high Med: $366 On site: 202 low | high Med: 110.500000 | |
Listing Updated: April 8, 2025 at 4:58:45 PM PDT